To qualify for S corporation status, the corporation must meet the following requirements: 1  Be a domestic corporation. 2  Have only allowable shareholders May be individuals, certain trusts, and estates and. May not be partnerships, corporations or non-resident alien shareholders. 3  Have no more than 100 shareholders.  Have only one class of stock.
Honor cords in shades of silver or grey are most often awarded to students graduating with degrees in medical science, such as: chiropractic, speech, oratory, and veterinary science.
Afterward, grads may keep the stoles as a memento of the day or present them as a token of thanks to anyone who has guided them on their path to graduation. Graduates also keep their caps and tassels. Candidates for masterâs degrees wear gowns with unique long sleeves and a velvet-lined hood. Their gowns feature the university seal on the left yoke. Ph.D. and doctoral candidates wear gowns embellished with velvet trim and a fuller satin- and velvet-lined hood. Their gowns feature the Indiana University seal on the yoke.